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Originally Posted by FromMaine
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It's great to hear from some of the high level people who can give us an idea of what the short and long term direction is. I really believe the people involved at the top of all this are committed on all fronts. DP World getting connected to the local Canpotex potash operation shows they are committed to Saint John. NBSR is upgrading both NB and Maine rail and operating equipment under their control. They have confidence in the future. CPKC and CSX have invested significant sums of money to bring their rail up to current standards for high speed freight. I expect the rail upgrade activity will ramp up again in the spring. The port and all the various transportation organizations are tied at the hip and all need to be on the same page. I believe they are.
I am glad they stated that they are working out the details on the cold storage opportunity. All that has been happening in the background so it's good to hear they are looking forward to making that a reality. That is a big opportunity.
Although they mentioned 300K hours at the port, those are the kind of jobs that produce indirect jobs as well. It's pretty hard to accurately determine the true overall employment added but every added job at the port in Saint John, or other local business, or other business outside the city is good for the larger economy.